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What does it mean when a company charges a flat rate? Do I need to pay more? How are the prices determined? Flat rate pricing means you pay a fixed rate for a repair service no matter how long the technician takes to complete the repair. Level or Flat rate pricing was developed so that homeowners would know the cost upfront before work begins. Level or Flat rate eliminates unfavorable surprises that come from higher than expected bills after the work has been performed. FLAT RATE PRICING MODULE HVAC flat rate pricing is now made simple and easy for the contractor to use and the customer to experience. The Flat Rate Price Book HVAC – help for the technicians to sell more • Each repair contains pictures • Each repair contains explanations written for a homeowner • Each repair highlights your service agreement price to make it a conversation starter • Use our iPad or tablet-based flat-rate pricing app • All changes sync with iPads/tablets so everyone in the office and field is on the same page • Update your entire pricing in seconds • Easy enough to use on every service call • Update pricing anytime, day or night • Override any price • Use our default markup or add your own • Repairs efficiently organized - easy to find and explain repairs • Web-based administration module means no software to download or maintain • The setup process is quick and easy - ready in minutes! • Consistent pricing across the company THE BENEFITS OF FLAT RATE PRICING METHODOLOGY Why should we diverse from time and material to flat rate? This is an often asked question. Many HVAC contractors feel their system of charging for the work they perform is working well and they don't want to make changes that require a cultural shift in company thinking. FLAT RATE PRICING: PROFITABILITY Managers and accountants also able to utilize the reports & optimized accounting software integration components as valuable tools. SAVE TIME & MONEY The database saves the time and expense of maintaining a client's own repair database. It allows the client to concentrate on their core business. SERVICE DATABASE WITH FLEXIBILITY In the HVAC industry - time means money, so the database actually prices all services, saving time for the company. Flat rate pricing system also offers incredibly flexible and profitable parts markups. SMALL ADJUSTMENTS = HUGE PROFIT IN BUSINESS Just a small labor adjustment can have a major impact on a company's profit margins. Apply this formula to see what small changes to your labor rate will mean in your service department revenue. Customers prefer flat rate pricing over hourly pricing as this method offers fixed pricing with no surprises. Whether it's plumbing, HVAC or electrical, customers always want to know the exact price before the commencement of work. Flat fee system is the only solution. It not only makes customers happy and satisfied but also improves your business productivity. So, say goodbye to hourly pricing system and welcome flat rate pricing method to boost your plumbing business. Try Profit Rhino Plumbing Flat Rate Software which is fully customized and easy-to-use.
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